GameStop To Acquire Electronics Boutique
GameStop operates approximately 1,800 stores in North America, and had revenue of $1.85 Billion in the previous year. Electronics Boutique has 2,000 stores in North America, the United Kingdom, Australia, and New Zealand, and had sales last year of roughly $2 Billion.
Antitrust regulators and shareholders of both companies must still approve the deal. The two largest shareholders of each company, as well as their boards, have already unanimously approved the deal.
4/18/2005 Frank Provo